8.29 Zhang Lihui: Calling for a rate cut while the market is falling? Continue to pay attention to whether the daily line cross is formed; where are the high-altitude opportunities today, the latest Bitcoin (BTC) market analysis and operation suggestions #美联储何时降息? #BTC☀ #BTC走势预测 $BTC
Yesterday's big cake short-order idea was confirmed again, and the rebound above 60,000 in the article was arranged. Those who have boarded the car can get at least 2,000 points of space; so before entering the market, you must first consider the general direction, and choose the general trend to have the opportunity to seize the large space. In this case, the risk of blindly chasing short-term longs is still very high. Lihui will not do things that have greater risks than benefits!
The 1-hour Bollinger Band channel is closing, and the market may further maintain volatility. The volume above the 0 axis in MACD is balanced, but the currency price has no obvious rebound or major breakthrough. It is expected that the market will slowly grind until the EMA30 indicator continues to move downward and approaches the K-line position before starting to fall;
The current 4-hour Bollinger Band channel continues to move downward. It can be seen that the K-line is constantly being pressed down with EAM7. The shrinking volume below the 0 axis in MACD is not very strong, and DIF and DEA have not closed significantly, but continue to spread downward;
The daily level K-line closing seems to be unable to reach above EMA200, and the shrinking volume above the 0 axis continues. DIF does not turn around at the 0 axis position but enters a negative state and continues to approach DEA to form a closing. What is scary is that if this dead cross is formed, it is difficult to imagine the space below; if it really falls while calling for a rate cut, it would be a big conspiracy!
In summary, Li Hui suggests that the idea of retracement is still the main idea, and continue to pay attention to whether the daily dead cross can be formed and reversed, and then consider the layout of long orders!
It is recommended to continue to try shorting with a light position in the callback range of 59500-59900, reserve 61400 position to cover the position, stop loss 61700; take profit at 58600-57600; if it breaks 57500-57000, you can continue to hold 56100;
The article review and push are delayed, the market changes rapidly, the specific entry opportunity must be combined with the actual operation, and the real-time notification shall prevail. The recommended points in the article are for reference only. Please bring a stop profit and stop loss when entering the market, and quit when you see a good profit!